Latin America

Tuesday, November 5th 2013 - 07:47 UTC
Paraguayan president will not attend Mercosur summit in Caracas

Paraguayan president Horacio Cartes will not be participating in the Mercosur summit scheduled to be held next month in Caracas, capital of Venezuela, which currently holds the rotating chair of the bloc, according to Paraguay foreign minister Eladio Loizaga.
Tuesday, November 5th 2013 - 07:26 UTC
South America's major military air exercise takes off in the north of Brazil

An international military exercise, organized by the Brazilian Air Force (FAB) and considered the largest in South America, began Monday at the country's two northeastern air bases, with the participation of air forces from Canada, Chile, Colombia, Ecuador, United States, Uruguay and Venezuela. Argentina dropped out at last moment.
Tuesday, November 5th 2013 - 07:23 UTC
Mercosur meets in Caracas to consolidate `'joint and only presentation' before EU

Mercosur members will be holding an extraordinary meeting in Caracas on 15 November to define an 'only joint position of the group ahead of the presentation to the European Union, in the framework of negotiations for the trade and cooperation accord, said Venezuelan foreign minister Elías Jaua.
Tuesday, November 5th 2013 - 07:17 UTC
The Economist: Cristina Fernández should build bridges to her opponents, or risk leaving office early

Under the heading of 'Cristina’s come-uppance', The Economist comments the result of the midterm election in Argentina and makes a forecast of the possible future scenarios in the next two years
Tuesday, November 5th 2013 - 07:07 UTC
Clarin group presents plan to divide media assets in six different companies

The Argentine media group Clarin presented a plan Monday to divide its media assets into six different companies to comply with a controversial media antitrust law. The move was announced shortly after the head of the authority set up to enforce the law offered assurances that the group would be allowed to keep its most valuable TV and radio licenses.
Monday, November 4th 2013 - 23:57 UTC
EU lawmaker 'cautiously optimistic' about trade agreement with Mercosur in 2014

A member from the European parliament, Jean Pierre Audy who headed a mission to Brazil last week said he was confident that next year the long standing negotiations for a free trade and cooperation agreement between the European Union and Mercosur “could be concluded”.
Monday, November 4th 2013 - 23:53 UTC
Uruguay considers withdrawing troops from Haiti because of the 'political impasse'

Uruguay's President Jose Mujica said he plans to withdraw his country's peacekeeping troops from Haiti because of the lack of democratic progress and pointed to delays in convening Senate elections and a general “political impasse in Haitian society.”
Monday, November 4th 2013 - 06:01 UTC
Botnia/UPM controversy: Argentina retaliates delaying Uruguayan exports

Argentina's clash with Uruguay over the Botnia/UPM pulp mill has led to furious retaliations from Buenos Aires severely limiting trade and not allowing Argentine exporters to make use of the port of Montevideo for transshipment.
Monday, November 4th 2013 - 05:48 UTC
Argentina will continue with its policy of 'containing' imports, says Moreno

Argentina Secretary of Domestic Trade Guillermo Moreno anticipated that the current policy implementing obstacles to contain foreign trade will continue to promote the domestic market and production, and ”because I follow the orders from the President (Cristina Fernandez)”.
Monday, November 4th 2013 - 05:43 UTC
Uruguay extends UPM pulp mill production license for another three years

The Uruguayan government announced it has renewed until 2016 Botnia/UPM pulp mill license so it can continue with production since it complies with the necessary environmental requisites and is committed to the additional standards demanded, said Housing and Environment minister Francisco Beltrame.